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s are ringing the alarm on deficit. there were some of them ringing the bell top execs including those but eighty of them total from big u.s. corporations sent congress a letter asking for a sin thimbles type approach to reigning in the u.s. deficit the budget deficit three dollars in spending cuts for each dollar of tax increases what would be the impact of this or other possible scenarios for dealing with the u.s. debt and deficit simon mccaleb edge of ideas capital is here to talk about it and speaking of deficits according to the financial times japan's finance ministry will hold crisis talks with bond dealers tomorrow as politicians there are at odds over a bill that's needed to allow billions more in borrowing to finance the country's deficit sound familiar japan is often brought up when talking about a country the u.s. is ability to run deficits will discuss the lessons for the u.s. and new g.d.p. numbers from the u.k. if you put stock in them they show the countries rebounding from recession growing by one perce
s are ringing the alarm on deficit. there were some of them ringing the bell top execs including those but eighty of them total from big u.s. corporations sent congress a letter asking for a sin thimbles type approach to reigning in the u.s. deficit the budget deficit three dollars in spending cuts for each dollar of tax increases what would be the impact of this or other possible scenarios for dealing with the u.s. debt and deficit simon mccaleb edge of ideas capital is here to talk about it...
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debt and deficit simon mckay live edge of i.d.c. of capital is here to talk about it and speaking of deficits according to the financial times japan's finance ministry will hold crisis talks with bond dealers tomorrow as politicians there are at odds over a bill that's needed to allow billions more in borrowing to finance the country's deficit sound familiar japan is often brought up when talking about a country the u.s. is ability to run deficits will discuss the lessons for the u.s. and new g.d.p. numbers from the u.k. if you put stock in them they show the countries rebounding from recession growing by one percent is this growth a reflection of better days to come or is it just the result of one off the lympics summer spending we'll talk let's get to today's capital account. we all know the drill the us has been running trillion dollar budget deficits amounting to more than sixteen trillion dollars in national debt with no plan that the markets have deemed credible to significantly rein in spending let alone balance the budget no
debt and deficit simon mckay live edge of i.d.c. of capital is here to talk about it and speaking of deficits according to the financial times japan's finance ministry will hold crisis talks with bond dealers tomorrow as politicians there are at odds over a bill that's needed to allow billions more in borrowing to finance the country's deficit sound familiar japan is often brought up when talking about a country the u.s. is ability to run deficits will discuss the lessons for the u.s. and new...
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Oct 31, 2012
10/12
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CSPAN2
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we have trillion dollar a year deficit. the deficit -- the debt from 10 to $16 trillion under obama. when is enough enough? i believe america knows enough is enough on november 6. >> we're going to get to deficits and taxes, too, but i think that kc has a local question that is quite important. >> next question goes to the congresswoman, a topic you often because. the air reserve station is the largest employer in the county. if a budget deal in congress isn't reached by january, could this threaten the future of the basic? again with less funding to go around, is it realistic to continue the current operation at the basic? hochul: absolutely, and that is what has him of the house armed services committee i had the opportunity work with republicans and democrats and have an amendment passed not just by the committee of by the entire house of representatives that protects database. in addition, secretary panetta said he was committed to that base. what we need to do is find a new mission, intelligence, reconnaissance surveil
we have trillion dollar a year deficit. the deficit -- the debt from 10 to $16 trillion under obama. when is enough enough? i believe america knows enough is enough on november 6. >> we're going to get to deficits and taxes, too, but i think that kc has a local question that is quite important. >> next question goes to the congresswoman, a topic you often because. the air reserve station is the largest employer in the county. if a budget deal in congress isn't reached by january,...
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the other thing is that japanese deficits were largely financed domestically our deficits are being significant to the significant measure financed externally and the fed this printing money is monetizing debt so i just don't think that the global situation is such or the united states is not in isolation there's a global slowdown and so everything exists is exacerbated growth can hide a lot of problems but we don't have that right now ok and so i just don't think we have as along the road here so either scenario you don't see it ending well what are it's the government tries to inflate and transfers wealth in this works or if everybody says hey we're not going to go for this and there is some kind of major market event so the question is how should people meaning average investors average folks think about their investments their savings their nest egg and perhaps readjust their assumptions about what safety is or what where they should be invested in your view. i think that i think that the most important thing is to understand the traditional concepts about diversification and ab
the other thing is that japanese deficits were largely financed domestically our deficits are being significant to the significant measure financed externally and the fed this printing money is monetizing debt so i just don't think that the global situation is such or the united states is not in isolation there's a global slowdown and so everything exists is exacerbated growth can hide a lot of problems but we don't have that right now ok and so i just don't think we have as along the road here...
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Nov 4, 2012
11/12
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WJLA
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and we fa this deficit -- could crush the fure generations. and republicans and anmocrats both love america but we need to have leadership -- leadership in washington that will actually bring people together and gethe job done and could not care less if it's a republican or a a democr. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. as we approach the election, e local woman wants to pause politics and take a the race. k at we've got the story of a successful lawyer who decided to follow her passion for baking. herhe's showing off tops at her party. american dream cookies and cream cookies and cream, and cast your ballot birthday cake. take the cake and frosting together and a candy coating. to stand out with her cake pops. she says they are smaller than cupcakes but richer. everybody makes cupcakes and somethingnt to do everyone is doing. she says baking was her stress relief. making treats for her co- workers. man, theybrought the went berserk. much that it so them the veryg same week. i didn't do other te
and we fa this deficit -- could crush the fure generations. and republicans and anmocrats both love america but we need to have leadership -- leadership in washington that will actually bring people together and gethe job done and could not care less if it's a republican or a a democr. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. as we approach the election, e local woman wants to pause politics and take a the race. k at we've got the story of a successful...
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to your ad full employment and then you know that the deficit is where it should be. ok so one statement what's your reaction and what's been the reaction all because i mean they're confused when they hear that and it is kind of confusing when you hear this from m.t.v. or and it was basically a matter the reason why micromanage saying that is because he believes that what's most important is full employment and everything and you also believe the government can actually spend and get and get the economy going and what i want to make clear is that what michael rubin is missing is that yes if you do spend you can get full employment and you'll get everyone a job what kind of jobs are they going to be that's a plantation economy that's why it's hard core collectivism and that's essentially what he's advocating but he does believe the government can actually do it and not miss allocate capital that's where i think he and called it a group i disagree that's why should i disagree with micro and anyone else who who who suggest that we have deficits don't matter and that a do
to your ad full employment and then you know that the deficit is where it should be. ok so one statement what's your reaction and what's been the reaction all because i mean they're confused when they hear that and it is kind of confusing when you hear this from m.t.v. or and it was basically a matter the reason why micromanage saying that is because he believes that what's most important is full employment and everything and you also believe the government can actually spend and get and get...
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Oct 31, 2012
10/12
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KQEH
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all he's done is not increase the deficit more than we already have. we should be focusing on, how do we address the deficit we already have, not worrying about whether he gets to revenue neutrality. obama wants us to worry about is he going to blow the deficit up even mor >> kath men, what were the big whoppers? enwhere did they cross the line? >> the incumbent always overestimates how much the incumbent has accomplished. and so, president obama wants to suggest that there have been more jobs created in net than an there have actually been created because he wants us to feel better about the economy than the data would actually warrant. governor romney wants to feature everything that's negative, without acknowledging anything that's posietve about the economy.ve and if people feature one of those indictments without picking up the other compensatory body of information, they don't have the whole picture. the reality is the onomic indicators right now are mixed. and you have a new obama ad on the air that's trying to feature the ones that are positive
all he's done is not increase the deficit more than we already have. we should be focusing on, how do we address the deficit we already have, not worrying about whether he gets to revenue neutrality. obama wants us to worry about is he going to blow the deficit up even mor >> kath men, what were the big whoppers? enwhere did they cross the line? >> the incumbent always overestimates how much the incumbent has accomplished. and so, president obama wants to suggest that there have...
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Nov 4, 2012
11/12
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CNNW
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came into office, he asked the wealthiest americans to pay a little bit more so we could reduce our deficit and still invest in the skills and ideas of our people. and you know what? at the time, the republicans in congress and a senate candidate by the name of mitt romney, i don't want you to boo, i want you to vote. i want you to vote. but a republican candidate by the name of mitt romney said, bill clinton's plans would hurt the economy and kill jobs. turns out his math was just as bad then as it is now. because by the end of president clinton's second term, america created 23 million new jobs and incomes were up and poverty was down and our deficit had turned into a surplus. so florida, we know that our ideas work. we also know that their ideas don't. because we tried their ideas too. we trieded giving big tax cuts to the wealthiest americans. we tried giving insurance companies and oil companies and wall street free reign to do whatever they wanted and what did we get? falling interest rates and the slowest growth in half a century and a financial crisis that we have been cleaning up a
came into office, he asked the wealthiest americans to pay a little bit more so we could reduce our deficit and still invest in the skills and ideas of our people. and you know what? at the time, the republicans in congress and a senate candidate by the name of mitt romney, i don't want you to boo, i want you to vote. i want you to vote. but a republican candidate by the name of mitt romney said, bill clinton's plans would hurt the economy and kill jobs. turns out his math was just as bad then...
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Nov 4, 2012
11/12
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the real deficit river is healthcare. obamacare i totally solve this problem how the projects ago and had the public learns from them and approves them. nobody can map it out perfectly. most say the mean driver of deficits is health care. we are on the path to reform in that. there are plans on the table that would it presumably get the debt ratio done to a time, not in an abrupt way the still. >> it is a shame we still did not have the conservatives hair. i will not defended towards the of the bush policy deficit spending of their running out of the debt. the debt is what is -- the debt is what matters. we have to accept these facts. the issue is, how do we stop that? it is not going to be done through a combination of tax increases and a reduction in spending. they are actually in reductions to in the rate of new spending. four of the picking we do on greece and italy and spain, they have actually spent a little less the year over year and they have the year before. they are steps in the right direction. we will only ge
the real deficit river is healthcare. obamacare i totally solve this problem how the projects ago and had the public learns from them and approves them. nobody can map it out perfectly. most say the mean driver of deficits is health care. we are on the path to reform in that. there are plans on the table that would it presumably get the debt ratio done to a time, not in an abrupt way the still. >> it is a shame we still did not have the conservatives hair. i will not defended towards the...
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Nov 2, 2012
11/12
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MSNBCW
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that is a step towards the clowing the deficit. i see more about addressing it from that alone from obama than anything from romney, which screams exploding deficit. >> you i go forred the fact that he's committed he will not allow the deficit to increase. in fact, he's willing to hold himself accountable for significant reduction in debt as a percentage to the economy. here's one thing about this. you can't play games with the numbers. ultimately one of the things that you really can hold a president responsible and accountable for is how do the numbers actually turn out? what does the deficit look like? what does the debt look like? what does economic growth look like? what does employment and inflation look like? these are objective numbers to hold people accountable for, and he will be hold accountable. he has proven leadership abilities in all sectors of the economy. he has change and experience in all three sectors of the economy. he's proven he can work on a bipartisan basis, and he has experience that i think demonstrates t
that is a step towards the clowing the deficit. i see more about addressing it from that alone from obama than anything from romney, which screams exploding deficit. >> you i go forred the fact that he's committed he will not allow the deficit to increase. in fact, he's willing to hold himself accountable for significant reduction in debt as a percentage to the economy. here's one thing about this. you can't play games with the numbers. ultimately one of the things that you really can...
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Nov 3, 2012
11/12
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CSPAN
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we have radical deficit spending. we have a federal government out of control with the amount of red tape and things that they are imposing on businesses. we wonder why then we do not have any jobs and why that jobs are being sent overseas. talk is fine, but the fact of the matter is, the unemployment and the deficit and the whole situation with the economy speaks for itself. it is now working. big government is not the solution. >> thank you, congressman. our next question is a senior co editor for the globe news magazine. please ask your question. >> congressman akin, would you speak of your commitment to improving public school education in missouri? especially given the educational choices you have made for your own children. i am referring to your decision to home school your children and senator mccaskill's to send at least one of her children to private catholic schools. >> thank you for that question. all of us understand that education is critical. one of the things we have in america is something called the
we have radical deficit spending. we have a federal government out of control with the amount of red tape and things that they are imposing on businesses. we wonder why then we do not have any jobs and why that jobs are being sent overseas. talk is fine, but the fact of the matter is, the unemployment and the deficit and the whole situation with the economy speaks for itself. it is now working. big government is not the solution. >> thank you, congressman. our next question is a senior co...
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Nov 2, 2012
11/12
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change in which we reduce our deficit, and we can streamline agencies. we can get rid of programs that are not working, but if we are serious, we have to ask wealthy americans to go back to the tax rates they paid when bill clinton was in office. [applause] of budget is all about priorities. it is about what values do we care about. i am not going to turn medicare into a voucher to pay taxes. i am not going to allow this nation to be plunged into another battle over health-care reform and take millions of americans of health care and weaken the reforms we put in place, including making sure young people can stay on their parents' plan just so insurance companies can jump back into the driver's seat. by the way, i am not going to allow politicians in washington to control health-care choices women should make it by themselves. i am not going to do that. we are not going to go backwards. we are going to go for words. -- forwards. [applause] colorado, we know what change is. we know what the future requires. we do not need a big government agenda or a small
change in which we reduce our deficit, and we can streamline agencies. we can get rid of programs that are not working, but if we are serious, we have to ask wealthy americans to go back to the tax rates they paid when bill clinton was in office. [applause] of budget is all about priorities. it is about what values do we care about. i am not going to turn medicare into a voucher to pay taxes. i am not going to allow this nation to be plunged into another battle over health-care reform and take...
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s are ringing the alarm on deficit. there were some of them ringing the bell top execs including those but eighty of them total from big u.s. corporations sent congress a letter asking for a sin symbols type approach to reigning in the u.s. deficit the budget deficit three dollars in spending cuts for each dollar of tax increases what would be the impact of this or other possible scenarios for dealing with the u.s. debt and deficit simon mccaleb edge of ideas capital is here to talk about it and speaking of deficit.
s are ringing the alarm on deficit. there were some of them ringing the bell top execs including those but eighty of them total from big u.s. corporations sent congress a letter asking for a sin symbols type approach to reigning in the u.s. deficit the budget deficit three dollars in spending cuts for each dollar of tax increases what would be the impact of this or other possible scenarios for dealing with the u.s. debt and deficit simon mccaleb edge of ideas capital is here to talk about it...
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Nov 3, 2012
11/12
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we have a big deficit. when senator brown and other republicans take the grover norquist pledge, and they say they will not raise money for millionaires and billionaires, they will not close the oil subsidies, what they are saying is they are just not serious about cutting the deficit, bringing the budget back into alignment. that means we will trigger across-the-board cuts. those cuts for the military is the worst possible way we could go. it is bad for the country. it is that for us here in massachusetts. here is why. it keeps lopping off 10%, 15%. we need to use this opportunity to think about the military we need going forward in the 21st century. here is what i am prepared to do. i am prepared to get out there and fight, to talk about what the c5 galaxy means. this is the place where we have giant planes and take big groups and big equipment and have disaster relief all run the world. that is why there should not be a penny of cuts there. the cuts need to be in places like the standing army. we do not
we have a big deficit. when senator brown and other republicans take the grover norquist pledge, and they say they will not raise money for millionaires and billionaires, they will not close the oil subsidies, what they are saying is they are just not serious about cutting the deficit, bringing the budget back into alignment. that means we will trigger across-the-board cuts. those cuts for the military is the worst possible way we could go. it is bad for the country. it is that for us here in...
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Oct 29, 2012
10/12
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WTTG
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and we face this deficit -- could crush the future generations. and republicans and democrats both love america but we need to have leadership -- leadership in washington that will actually bring people together and get the job done and could not care less if it's a republican or a democrat. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. i'm mitt romney, my name is julian bond. i know a little something about fighting for what's right and just. maryland's gay and lesbian families share the same values and they should share in the right to marry. i believe people of faith understand this isn't about any one religious belief. it's about protecting the civil right to make a lifelong commitment to the person you love. join me in supporting question 6. it's the right thing to do. >>> we want you to take a look at the time lapse that we got. this is 59th and the bay in maryland. as the night fell you can see the rains come and then they picked up. watch as daybreaks and you see the water taking on. well, there's one
and we face this deficit -- could crush the future generations. and republicans and democrats both love america but we need to have leadership -- leadership in washington that will actually bring people together and get the job done and could not care less if it's a republican or a democrat. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. i'm mitt romney, my name is julian bond. i know a little something about fighting for what's right and just. maryland's...
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Oct 28, 2012
10/12
by
WBAL
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this week, big business got behind the simpson bowles deficit proposal. that includes some tax increases. mitt romney then said forget about it. forget about any tax increases. which brings us to this week's big question. if he actually won the election, would romney agree to a tax increase as part of a big deficit solution? joe. >> he hasn't said read my lips. and i think that's the only way he's going to get a settlement is if he agrees to some revenue increases. chris: unless they get 50 senators and reconciliation and do it that way. >> they can do it. >> i think he will follow what business leaders keep telling us. that there has to be a big bargain and they recognize there has to be a revenue component to it. >> first big move as president, i don't see how he can. i think that's why wall street is so nervous. >> i think that he will -- chris: he's locked into -- >> they're worried that the two sides -- there's no way that we're going to get an easy agreement on this. >> i think he will do revenue increases through tax reform. i think you're going to
this week, big business got behind the simpson bowles deficit proposal. that includes some tax increases. mitt romney then said forget about it. forget about any tax increases. which brings us to this week's big question. if he actually won the election, would romney agree to a tax increase as part of a big deficit solution? joe. >> he hasn't said read my lips. and i think that's the only way he's going to get a settlement is if he agrees to some revenue increases. chris: unless they get...
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Oct 27, 2012
10/12
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KQEH
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romney will say, "yes, i do have a deficit plan. go look on my website. it's there. it's true." which puts the burden on the audience. i wish they would go to your website because they won't find out the answer at mitt romney's website. >> b then we come to the we second part of the process that protects. you heard in the debates candidates saying, "that's not true. check the record. heck the transcript," and an invitation essentially to go to the fact checkers and journalism. to the extent that this year he e've had a lot of fact checking in nationad journalism, a lot more than we've had in previous years. aland we know now after the fir three debates. last time i talked to you it was, it was only a hypothesis, that the people who said they went to the fact checking sites or went to journalism for fact checking on the web, were more likely to accurately be able to portray the candidates' positions and those exchanges in which somebody was alleging deception. romney, his plan largely doesn't add up.an obama did not apologize around the world, if by apologize you mean said, "i'm
romney will say, "yes, i do have a deficit plan. go look on my website. it's there. it's true." which puts the burden on the audience. i wish they would go to your website because they won't find out the answer at mitt romney's website. >> b then we come to the we second part of the process that protects. you heard in the debates candidates saying, "that's not true. check the record. heck the transcript," and an invitation essentially to go to the fact checkers and...
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Nov 3, 2012
11/12
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CSPAN
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by the time he left, we had massive deficits. he voted to increase the debt by $16,000 every second he was in the senate. he expanded medicare, which was good, but he did not pay for it. he was part of a senate and a house that declared two wars but did not pay for the wars and instead put them on the credit card for our kids to pay. he made a massive tax cuts to health -- to help the wealthy. he did not pay for them. we went from surplus to deficit. he voted four times to raise his own pay. he voted four times to raise the debt with it, he voted for 52,000 earmarks that totaled $121 billion. even george had to admit, spending was a problem when i was in the senate. we do not need to go back to it. he is a harsh partisan. he attacked hillary clinton as someone who does not share our values. attacking john kerry. george would not joined a gang to bring senators together. he said, we do not need to compromise. >> your rebuttal? >> john warner and i worked as a team for virginia. i am proud of john warner as a friend and ally. as fa
by the time he left, we had massive deficits. he voted to increase the debt by $16,000 every second he was in the senate. he expanded medicare, which was good, but he did not pay for it. he was part of a senate and a house that declared two wars but did not pay for the wars and instead put them on the credit card for our kids to pay. he made a massive tax cuts to health -- to help the wealthy. he did not pay for them. we went from surplus to deficit. he voted four times to raise his own pay. he...
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Oct 28, 2012
10/12
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we still have this huge, huge deficits spending. the fiscal cliff, bottom line, has been due to lack of leadership in the former congress and we just keep wasting the time of the american people while they're needing jobs. my opponent has not come forward with a plan. i have a plan on how to grow this economy, a five-step plan. it involves ending deficit spending, getting the tax code simplified to eliminate all of the special-interest loopholes that are in theire is likely put in there by politicians trying to get really. we have to save medicare and medicaid. that is a part of my plan. we have to get this economy going. we have to get government downsized to where it gets off the backs and out of the way of the american people. this fiscal cliff is serious. no doubt about it. bottom line, we have gotten here because of no action in the past and we need to send people to washington that will make those decisions to get this economy going. we have the plan to do that. >> vernon, a question for mr. smith. >> some of your republican c
we still have this huge, huge deficits spending. the fiscal cliff, bottom line, has been due to lack of leadership in the former congress and we just keep wasting the time of the american people while they're needing jobs. my opponent has not come forward with a plan. i have a plan on how to grow this economy, a five-step plan. it involves ending deficit spending, getting the tax code simplified to eliminate all of the special-interest loopholes that are in theire is likely put in there by...
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Oct 29, 2012
10/12
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CNBC
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most estimates peg the fiscal deficit numberner from 5.7 to 5.9%. but as i said, the finance minister coming out all guns blazing and saying it cannot be a business as usual promise. the tough decidings will need to be taken. they are talking about the decisions on the taxation front. they hope to divest the government's share holding. the spectrum sale should give them another strengthening rupee will bring down their import subsidy especially as far as oil sub s citydyes are concerninged. so the government at this point in time is clear, they're also sending out a message to the reserve bank of india. it announces its mop taker poli policy, they feel it could be a signal the government is serious about bringing the fiscal deficit under control. back to you. >> all right. thanks for that report. stewart, just wondering on evaluation basis whether developing markets are starting to look more attractive to you. >> emerging markets certainly in asia have been underperforming and assuming there's no major hick upto t hiccup to the global economy. so i
most estimates peg the fiscal deficit numberner from 5.7 to 5.9%. but as i said, the finance minister coming out all guns blazing and saying it cannot be a business as usual promise. the tough decidings will need to be taken. they are talking about the decisions on the taxation front. they hope to divest the government's share holding. the spectrum sale should give them another strengthening rupee will bring down their import subsidy especially as far as oil sub s citydyes are concerninged. so...
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Nov 3, 2012
11/12
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CSPAN2
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dan's plan covers 5% of the deficit. so they have to tell us what programs are they going to cut, or do they plan on running deficits. >> moderator: you get another 30 seconds. maffei: the facts are 70% and actually about 81% of what the president was raising. >> moderator: that's why we're all here. let's talk about simpson-bowles and the bipartisan commission that we put together. they started this thing in great detail. the debt and deficit. he came up with a plan to reduce it. among other things, it would simplify and lower tax rates across the board. but it would also limit some very popular deductions to bring in more revenue. mortgage interest deductions and health care deductions as well. those that we all enjoy right now. do you support that part of the sensible plans? lower the tax rate but get rid of some of the big deductions that are costing us revenue? rozum: we need to keep the deductions that are helping people. the childcare reductions, the mortgage reductions. lowering the cost of adjustments on social
dan's plan covers 5% of the deficit. so they have to tell us what programs are they going to cut, or do they plan on running deficits. >> moderator: you get another 30 seconds. maffei: the facts are 70% and actually about 81% of what the president was raising. >> moderator: that's why we're all here. let's talk about simpson-bowles and the bipartisan commission that we put together. they started this thing in great detail. the debt and deficit. he came up with a plan to reduce it....
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Oct 27, 2012
10/12
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KQED
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over the last four years, the legislature and two governors have chipped away at this deficit from 42 to 26 to $19 billion, and now we're almost to the end of it. and all parts of public service, especially public education, have been hit very, very hard. but it's not just k-12. it's all three segments of the higher education system, it's the safety net for people, most in need. we've completely eliminated dental care and dental assistance for low income adults, for example. now, if prop 30 fails, or if prop 38 gets more votes than prop 30, what will happen is very clear. there will be almost $6 billion worth of automatic cuts to k-12 education. higher education, other public services. and the money that arun talks about, under prop 38, will not even kick in, until after the two to three weeks of the school year have already been lopped off this particular academic year. and in addition, the state budget deficit will continue to linger at a number between $3 billion and $5 billion. proposition 30 gives californians the opportunity to end one very painful era in california and begin a
over the last four years, the legislature and two governors have chipped away at this deficit from 42 to 26 to $19 billion, and now we're almost to the end of it. and all parts of public service, especially public education, have been hit very, very hard. but it's not just k-12. it's all three segments of the higher education system, it's the safety net for people, most in need. we've completely eliminated dental care and dental assistance for low income adults, for example. now, if prop 30...
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Nov 4, 2012
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then i gave the four years of declining deficits and four years of surpluses. [applause] they got back in and they got into debt again. this should explain something to you. obama's plan brings the debt down and is based on our arithmetic. what is romney's plan? another big tax cuts for upper income people. and gives the highest income people 60% of the tax cuts. and then to cut education and investment in areas that will create jobs, cut them a lot. repeal the student loan law making it more expensive and harder to repay. keeping us down there in rankings of college graduates. do not produce a budget. you want to spend 2.4 trillion dollars more. you want to cut taxes more than he wants to cut taxes. you have only identified $1 trillion of tax deductions on companies he want to repeal. that is president obama's ideal. that leaves $6.50 trillion. how will you fill the hole? you wanted to reduce the long- term debt. how will the do that? see me about that after the election. [laughter] he has no budget. i want to vote for the president who has a budget, who has a
then i gave the four years of declining deficits and four years of surpluses. [applause] they got back in and they got into debt again. this should explain something to you. obama's plan brings the debt down and is based on our arithmetic. what is romney's plan? another big tax cuts for upper income people. and gives the highest income people 60% of the tax cuts. and then to cut education and investment in areas that will create jobs, cut them a lot. repeal the student loan law making it more...
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ththat is the ly way to deal with the deficit, in a balanced approaoach. i would put that upor the congress and work with that proposal. >> you would be partners with a popular maryryland democrat who also has a position sitting as he does in the ranking position on the budget committee e who was involved in all those negotiations behind the scenes at the white house, saying they did not want to go as far as sisimpson-bowles. whwhat do you say to chris van hollen? >> chris is a terrific member of congress and served the country beautifully. what the one to focus on is going forward. think however simpson-bowles is a great proposal. i am very supportive of it and i think is the blueprint we ne to follow. we cannot all agree on erything. >> i have to make evenadmit iis tough waiting. >> the d deficit situation is the central issue facing this country. the only way to fix it is througugh a balanced approach. people are going to c come the table initially with their very strong opinions, but we have to wowork together and come up with a compromise where everyo
ththat is the ly way to deal with the deficit, in a balanced approaoach. i would put that upor the congress and work with that proposal. >> you would be partners with a popular maryryland democrat who also has a position sitting as he does in the ranking position on the budget committee e who was involved in all those negotiations behind the scenes at the white house, saying they did not want to go as far as sisimpson-bowles. whwhat do you say to chris van hollen? >> chris is a...
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Oct 27, 2012
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four, etch' slash spending to cut the deficit and shrink the deficit. five, he'll had help small businesses that includes repealing obama care and cutting taxes. let's give romney the benefits of any doubt here and say he gets all these plans going in his first year in office. by that point if the country is on track to create 12 million jobs in four years, the labor market should be adding an average of 250,000 jobs a month. the economy just adds 114,000 positions last month by the way to give you some context. vin weber will tell us how he gets this done. he's a policy adviser to the romney campaign and former congressman. i'm bringing you the questions people are asking me out here. >> sure. >> undecided voters, they don't disagree with the goal. they don't disagree with the idea that we want a stronger economy. but i've hit governor romney hard on his jobs claim. give me specifics as to how we get big-time jobs, 12 million jobs in four years, when we have -- we'll be lucky to get 3% economic growth next year? >> ali, first of all let me put the 12 m
four, etch' slash spending to cut the deficit and shrink the deficit. five, he'll had help small businesses that includes repealing obama care and cutting taxes. let's give romney the benefits of any doubt here and say he gets all these plans going in his first year in office. by that point if the country is on track to create 12 million jobs in four years, the labor market should be adding an average of 250,000 jobs a month. the economy just adds 114,000 positions last month by the way to give...
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Nov 2, 2012
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cutting the deficit by cutting wasteful spending. also protecting social security and medicare avoiding privatizing social security and the retirement age being raised and turn social security over to wall street. i promise to protect the great lakes. we want to create 500,000 new jobs right here in northern michigan. and i will also not put the cost of medicare on our seniors. those who work and earn social security. you deserve it in your retirement years. thank you so much for having me here tonight. i appreciate your vote on november 6. >> moderator: doctor benishek, closing remarks? benishek: thank you very much. thank you jennifer for doing a good job as moderator. i agree with gary you can see the difference between the two of us. he is a guy that has run for office every of the last two decades. i have been taking care of seniors and veterans in northern michigan. and i ran for congress because i'm concerned about what is what's going to happen to our children and grandchildren would be outrageous policies of the obama admini
cutting the deficit by cutting wasteful spending. also protecting social security and medicare avoiding privatizing social security and the retirement age being raised and turn social security over to wall street. i promise to protect the great lakes. we want to create 500,000 new jobs right here in northern michigan. and i will also not put the cost of medicare on our seniors. those who work and earn social security. you deserve it in your retirement years. thank you so much for having me here...
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right now the republicans are all screaming about the deficit if you look at that deficit what you find is that about half of it a little a little less than half of that is the bush tax cuts another a little less than half of it is is the two wars that there were that george bush put on the credit card and medicare part d. word he said that the government can't go she had drug prices so medicare is paying twice as much for drug prices as the military does and then the remainder is the word recession so tax collections are down and government outlays are up so you're absolutely right had we not had the bush tax cuts we wouldn't be in much of the mess we're in and in fact frankly if you want to go back to eighty four eighty five eighty six if we had had the reagan tax cuts we'd still have the prosperity that we had the fifty's sixty's seventy's and eighty's calvin in destin florida a calvin what's up. oh i have a saying where you discuss on the other thing is you know america is run like a bank money now well no it is common there for some reason on the spot system today just want to brin
right now the republicans are all screaming about the deficit if you look at that deficit what you find is that about half of it a little a little less than half of that is the bush tax cuts another a little less than half of it is is the two wars that there were that george bush put on the credit card and medicare part d. word he said that the government can't go she had drug prices so medicare is paying twice as much for drug prices as the military does and then the remainder is the word...
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that means running deficits for the next eight years. only thing i've seen on his website is $500 billion in cuts in the year 2016. that's not dealing with the debt for another four years. >> if we can move faster and further, we certainly will, but governor romney wanted to propose something he thought we could do. >> he's going to close loopholes to do it. you and i are both familiar are w the studies that say that's not possible or tough to do. let's just say in order to get there, he can't cut by to 20%. he has to cut by 10. maybe 4. would he adjust that promise? >> well, he's certainly willing to talk. when you do tax reform, what you do is you establish the basic parameters, which he's done in this proposal. you get everybody together and you knock heads. if it's not what everybody wants, is he going to say absolutely no? he's not going to raise taxes, but if he can't get exactly the tax cut hemts, is he going to say no. there are some things he's going to insist on, but be open to talking as well. >> thanks so much for taking the
that means running deficits for the next eight years. only thing i've seen on his website is $500 billion in cuts in the year 2016. that's not dealing with the debt for another four years. >> if we can move faster and further, we certainly will, but governor romney wanted to propose something he thought we could do. >> he's going to close loopholes to do it. you and i are both familiar are w the studies that say that's not possible or tough to do. let's just say in order to get...